Calvert Focused Value Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.1%
1 yr return
16.1%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$58.8 M
Holdings in Top 10
38.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.96%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 396.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CRFRX - Profile
Distributions
- YTD Total Return 9.1%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.01%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameCalvert Focused Value Fund
-
Fund Family NameCalvert
-
Inception DateApr 29, 2022
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
Under normal market conditions, the Fund invests primarily in large-cap companies, but may invest in common stocks of companies of any market capitalization, including smaller companies. The portfolio managers generally consider large-cap companies to be those companies having market capitalizations equal to or greater than the median capitalization of companies included in the Russell 1000® Value Index. As of December 31, 2023, the market capitalization of the Russell 1000 Value Index ranged from $270 million to $773.4 billion with a weighted average market capitalization of $139.0 billion. Market capitalizations of companies within the Russell 1000 Value Index are subject to change. The Fund invests primarily in value stocks. Value stocks are stocks that, in the opinion of the investment adviser, are inexpensive or undervalued relative to the intrinsic value of the company.
The Fund generally expects to hold approximately 25 to 35 stocks. The Fund may invest up to 25% of its total assets in foreign securities, some of which may be issued by companies domiciled in emerging market countries, and may also invest in U.S. dollar-denominated securities of foreign companies that trade on U.S. exchanges or in the over-the-counter market (including depositary receipts, such as American Depositary Receipts, which are either sponsored or unsponsored, that evidence ownership in underlying foreign stocks). The Fund may also invest in publicly traded real estate investment trusts (“REITs”). The Fund may invest in exchange-traded funds (“ETFs”), a type of pooled investment vehicle, in order to manage cash positions. The Fund may also lend its securities to financial institutions (typically brokers, dealers, and banks) to generate income for the Fund.
Investment decisions are made primarily on the basis of fundamental research and consideration of the responsible investing criteria described below. The portfolio managers utilize information provided by, and the expertise of the investment adviser’s research staff in making investment decisions. In selecting securities, the portfolio managers consider (among other factors) a company’s earnings or cash flow capabilities, dividend prospects, financial strength, growth potential, the strength of the company’s business franchises and management team, sustainability of a company’s competitiveness, and estimates of the company’s net value. Such assessments are made through the analysis of a company’s financial statements, products and services, industry position and conditions, and other factors. The portfolio managers may sell a security when the investment adviser’s price objective for the security is reached, the fundamentals of the company deteriorate, a security’s price falls below acquisition cost or when other securities are identified to displace a current holding. The portfolio managers seek to manage investment risk by utilizing fundamental analysis of risk/return characteristics in securities selection and also by maintaining issuer and industry diversification among the Fund’s holdings.
Responsible Investing. The portfolio managers seek to invest in companies that manage environmental, social and governance (“ESG”) risk exposures adequately and that are not exposed to excessive ESG risk through their principal business activities. Companies are analyzed by the investment adviser’s ESG analysts utilizing The Calvert Principles for Responsible Investment (“Principles”), a framework for considering ESG factors (a copy of which is included as an
appendix to the Fund’s Prospectus). Each company is evaluated relative to an appropriate peer group based on material ESG factors as determined by the investment adviser. Pursuant to the Principles, the investment adviser seeks to identify companies and other issuers that operate in a manner that is consistent with or promotes environmental sustainability and resource efficiency, equitable societies and respect for human rights, and accountable governance and transparency. The Fund generally invests in issuers that are believed by the investment adviser to operate in accordance with the Principles and may also invest in issuers that the investment adviser believes are likely to operate in accordance with the Principles pending the investment adviser’s engagement activity with such issuer.
CRFRX - Performance
Return Ranking - Trailing
Period | CRFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -6.9% | 19.2% | 14.29% |
1 Yr | 16.1% | -8.6% | 31.2% | 14.35% |
3 Yr | N/A* | -21.8% | 10.8% | N/A |
5 Yr | N/A* | -11.8% | 22.7% | N/A |
10 Yr | N/A* | -4.9% | 9.4% | 33.57% |
* Annualized
Return Ranking - Calendar
Period | CRFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.7% | -18.9% | 60.2% | 50.46% |
2022 | N/A | -48.5% | 0.1% | N/A |
2021 | N/A | -19.0% | 48.3% | N/A |
2020 | N/A | -16.5% | 52.8% | N/A |
2019 | N/A | -8.5% | 26.6% | 1.46% |
Total Return Ranking - Trailing
Period | CRFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -6.9% | 19.2% | 14.29% |
1 Yr | 16.1% | -8.6% | 31.2% | 14.35% |
3 Yr | N/A* | -21.8% | 10.8% | N/A |
5 Yr | N/A* | -11.8% | 22.7% | N/A |
10 Yr | N/A* | -4.9% | 9.4% | 66.19% |
* Annualized
Total Return Ranking - Calendar
Period | CRFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.8% | -11.7% | 61.8% | 57.41% |
2022 | N/A | -48.5% | 4.6% | N/A |
2021 | N/A | -14.2% | 48.3% | N/A |
2020 | N/A | -11.7% | 77.4% | N/A |
2019 | N/A | -3.9% | 28.4% | 1.46% |
NAV & Total Return History
CRFRX - Holdings
Concentration Analysis
CRFRX | Category Low | Category High | CRFRX % Rank | |
---|---|---|---|---|
Net Assets | 58.8 M | 1.98 M | 12.3 B | 68.66% |
Number of Holdings | 34 | 2 | 2274 | 54.84% |
Net Assets in Top 10 | 22.6 M | 1.55 M | 9.46 B | 81.57% |
Weighting of Top 10 | 38.60% | 20.8% | 109.8% | 81.11% |
Top 10 Holdings
- NextEra Energy Inc 4.25%
- Reinsurance Group of America Inc 4.14%
- Micron Technology Inc 4.10%
- Charles Schwab Corp/The 3.94%
- Wells Fargo Co 3.93%
- Walt Disney Co/The 3.88%
- Hasbro Inc 3.71%
- Mid-America Apartment Communities Inc 3.63%
- Zebra Technologies Corp 3.51%
- AbbVie Inc 3.50%
Asset Allocation
Weighting | Return Low | Return High | CRFRX % Rank | |
---|---|---|---|---|
Stocks | 98.71% | 0.00% | 145.83% | 23.96% |
Cash | 1.29% | -33.22% | 99.64% | 71.89% |
Preferred Stocks | 0.00% | -0.09% | 5.36% | 13.82% |
Other | 0.00% | -29.71% | 135.29% | 35.02% |
Convertible Bonds | 0.00% | 0.00% | 8.92% | 55.76% |
Bonds | 0.00% | 0.00% | 106.59% | 41.47% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CRFRX % Rank | |
---|---|---|---|---|
Financial Services | 7.43% | 0.00% | 98.22% | 79.78% |
Real Estate | 6.95% | 0.00% | 99.45% | 23.50% |
Technology | 6.33% | 0.00% | 85.77% | 83.61% |
Consumer Cyclical | 4.82% | 0.00% | 25.83% | 66.67% |
Industrials | 4.48% | 0.00% | 23.85% | 77.60% |
Healthcare | 4.14% | 0.00% | 38.63% | 82.51% |
Consumer Defense | 3.16% | 0.00% | 37.51% | 81.42% |
Basic Materials | 2.71% | 0.00% | 56.73% | 66.67% |
Energy | 1.79% | 0.00% | 60.89% | 83.61% |
Utilities | 1.37% | 0.00% | 91.12% | 74.86% |
Communication Services | 1.22% | 0.00% | 21.61% | 75.41% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CRFRX % Rank | |
---|---|---|---|---|
US | 95.95% | 0.00% | 145.83% | 46.54% |
Non US | 2.76% | -1.94% | 38.53% | 19.35% |
CRFRX - Expenses
Operational Fees
CRFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.96% | 0.45% | 10.24% | 85.25% |
Management Fee | 0.62% | 0.00% | 1.50% | 26.73% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 2.78% |
Administrative Fee | 0.25% | 0.05% | 0.70% | 68.09% |
Sales Fees
CRFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
CRFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CRFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 396.00% | 1.75% | 441.00% | 95.98% |
CRFRX - Distributions
Dividend Yield Analysis
CRFRX | Category Low | Category High | CRFRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.94% | 0.00% | 24.95% | 64.98% |
Dividend Distribution Analysis
CRFRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
CRFRX | Category Low | Category High | CRFRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | -2.01% | 13.72% | 60.37% |
Capital Gain Distribution Analysis
CRFRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.110 | OrdinaryDividend |
Dec 22, 2022 | $0.022 | OrdinaryDividend |